RE: Last of the flippers selling 100k blocks…24 Jul 2023 13:53
Doesnt buffet himself, ie berkshire hathaway have over 40% of there portfolio in just apple stock ,and from the profits of apple it now equates to nearly 50% of b.h.holdings. "it must have a large moat around it" to quote buffet,personally i have many stocks as im risk adverse,and not quite as good as buffet/monger at picking winners,except pred of course.each to our own,but if you have 5 or 10 core(best)holdings then you must make more money than spreading 2% over 50 companys as they wont all get 40% increases a year as i have found out,but also ive not lost much on any share by buying the same share multiple times as i see it going higher in price,not the best way as buy the dips is better,good luck to your dad on a wealthy retirement at 100% pred,my balls are a lot smaller.